Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt. Almost 11 years......
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.' Aditya Birla......
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping? Walmart’s decision to......
The Aditya Birla Group is working on a restructuring plan to bring all its retail verticals under Pantaloon Fashion & Retail in a move to unlock value and accrue synergy benefits for the business.......
Aditya Birla Retail, a venture of the A V Birla Group, aims to boost its sales 18-fold in the next five years by opening new stores and adding more private labels. The retailer, which runs a......